The BSE Sensex turned negative after opening 76 points higher in early session today amid weak global cues on rising concerns of a global trade war. The 30-share index was trading lower by 84.09 points, or 0.24 percent, at 35,538.05. The gauge had gained 22.32 points in the previous session.<\/p>\n
Vedanta, Tata Steel, Coal India, Kotak Bank, PowerGrid, Hero MotoCorp, Axis Bank and Infosys were among the top index losers, shedding up to 3 per cent.<\/p>\n
On the other hand, ICICI Bank, Tata Motors, M&M, IndusInd Bank and Bharti Airtel were among the top gainers, rising up to 2 per cent.<\/p>\n
The NSE Nifty too edged lower by 14.40 points, or 0.13 per cent, to 10,803.30. Sectoral indices led by metals, banking and realty stocks fell by up to 2 per cent.<\/p>\n
Investor sentiment turned weak after US President Donald Trump on Friday slapped a 25 per cent tariff on USD 50 billion worth of Chinese goods, as he accused Beijing of intellectual property theft and unfair trade practices, triggering a full-fledged trade war between the world\u2019s two largest economies.<\/p>\n
Reacting to Trump\u2019s latest announcement, China said it has imposed \u201cequal\u201d tariffs on US products. Meanwhile, domestic institutional investors (DIIs) bought shares worth a net of Rs 561.01 crore on Friday, while foreign portfolio investors sold shares worth Rs 1,524.74 crore on Friday, as per provisional data.<\/p>\n","protected":false},"excerpt":{"rendered":"
The BSE Sensex turned negative after opening 76 points higher in early session today amid weak global cues on rising concerns of a global trade war. The 30-share index was trading lower by 84.09 points, or 0.24 percent, at 35,538.05. The gauge had gained 22.32 points in the previous session. Vedanta, Tata Steel, Coal India, […]<\/p>\n","protected":false},"author":1,"featured_media":34547,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-34546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=34546"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34546\/revisions"}],"predecessor-version":[{"id":34548,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34546\/revisions\/34548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/34547"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=34546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=34546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=34546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}